A. Definitions: The following words, terms and phrases, when used in this section, shall have the meanings ascribed to them in this subsection, except where the content clearly indicates different meaning:
DISHONORED CHECK: A payment by check that is not paid by a bank or banking institution or "drawee" for any reason and returned to the holder or payment recipient. Other terms for "dishonored checks" are insufficient funds, nonsufficient funds or NSF check, false check, bogus check, hot check, returned checks or nonpayment of check due to closed account or nonexistent account.
HOLDER: Refers to the City of Eufaula, hereinafter refers to the "City", which receives payment by check and/or is the payment recipient.
MAKER: Refers to any person who writes, tenders or endorses a check as payment. (Ord. 10-8-1, 8-2-2010)
B. Dishonored Check: Payment which is tendered to the "City" through the use of a check when they are given in exchange for money, property, or in exchange for any benefit or thing of value. When check is dishonored for any reason the "maker" shall be assessed the face amount of the check plus a returned check charge payable at the time the check is available for pick up. Returned checks shall be redeemed by cash or money order, in a form acceptable to the "holder", and must be presented in person within ten (10) business days of the notification of dishonored check. If "maker" fails to pay the "holder" the amount of the check and the process fees within the time specified; then the "City" within thirty (30) days from the date of receiving the dishonored check may turn the dishonored check in to the District Attorney for collection. The dishonored check fee shall be set and/or amended by City Council in the fee schedule. (Ord. 16-3-3, 3-7-2016)
C. Dishonored Draft: Payment which is tendered to the "City" through the use of an automatic draft when they are given in exchange for money, property, or in exchange for any benefit or thing of value. When draft is dishonored for any reason the "maker" shall be assessed the face amount of the draft plus a returned draft charge of twenty five dollars ($25.00) payable at the time the draft is available for pick up. Returned drafts shall be redeemed by cash or money order, in a form acceptable to the "holder", and must be presented in person within ten (10) business days of the notification of dishonored draft. If "maker" fails to pay the "holder" the amount of the draft and the process fees within the time specified; then the "City" within thirty (30) days from the date of receiving the dishonored draft may turn the dishonored draft in to the District Attorney for collection. (Ord. 11-3-1, 3-7-2011)